Settings8H · net · $10k
Funding arb · Price arb /

TENCENT

RWAall TENCENT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.1155%/8h= −126.5% APRnext payment $5.77 per $10,000 · paid last 24h −0.159%
Price spread now: HTX against edgeX−0.081%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$35 a day on $10k at the current rate, and HTX is 0.081% cheaper against edgeX than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX TENCENTUSDC57.6060.1155pay 0.0577% / 4h1h 40m$119K$214K10x
ShortHTX TENCENT-USDT57.5600get 0.0000% / 4h1h 40m$10K$44K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against edgeX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$242.52
Price spread: −0.081% → 0.000%
−$8.07
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$271.6
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 1 min ago; HTX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 1 min ago6.09 bp26.7 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

TENCENT on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TENCENTUSDT0.0000%8h57.653+0.080%$44K$12K20xas long as short
Bybit TENCENTUSDT0.0000%8h57.530−0.133%$252K$266K25xas long as short
Gate TENCENT_USDT0.0000%8h57.540−0.115%$1.7M$658K25xas long as short
Bitget TENCENTUSDT0.0000%8h57.470−0.237%$1.2M$3.1M20xas long as short
HTX TENCENT-USDTshort0.0000%4h57.560−0.081%$10K$44K10x
KuCoin TENCENTUSDTM+0.0100%4h57.410−0.341%$122K$687K20xas long as short
Lighter TENCENT+0.0232%1h57.724+0.204%$67K$3K10xas long as short
Binance TENCENTUSDT+0.0385%4h57.480−0.220%$2.8M$5.2M25xas long as short
edgeX TENCENTUSDClong+0.1155%4h57.606long leg$119K$214K10x